UBM raises £10m from farming and medical titles
Business events organiser and publisher UBM has sold its UK agriculture and medical general practitioner portfolios to a new business, Briefing Media Group, for a total of £10m.
Business events organiser and publisher UBM has sold its UK agriculture and medical general practitioner portfolios to a new business, Briefing Media Group, for a total of £10m.
The agriculture portfolio is made of the Farmers Guardian and Dairy Farmer titles (and associated online offerings) while the general practitioner portfolio includes the Pulse and Practical Commissioning magazines and their digital and event products NAPC, the Mental Health Forum, Pulse Seminars and Pulse Learning.
These assets generated a total of £12.1m in revenue in 2011.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
UBM has also sold Daltons, a web-based marketplace for the sale and purchase of UK small and medium enterprises, to Innovare Media for an undisclosed sum.
"I am very pleased we have passed these successful UK magazine titles to a new management team who will provide the focused leadership and investment to ensure their continued success," said Chief Executive Officer David Levin.
"These transactions also mark a further significant step in the transformation of UBM into a set of Events and other B2B marketing, communications, and data services businesses serving attractive global communities across a variety of media," he said.
BC
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
8 of the best riverside properties for sale
The best riverside properties for sale – from a Grade II-listed former mill house with views over the River Chelmer in Essex, to a townhouse on a Georgian terrace overlooking the Avon Gorge in Clifton, Bristol
-
Will “Liberation Day” strike again?
Donald Trump’s 90-day tariff pause comes to an end on 9 July. Can we expect further market turmoil?